EXR (ASX) EXR Trading 2021

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6.3¢ elixir energy limited

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greenshares

265 Posts.

37

12/03/21

16:40

Post #: 51727887
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Originally posted by WatchNact: ↑

Very strong finish to another very strong week that has seen the share price and VWAP rise and rise. The rise on the weekly VWAP since the start of the year is now 141.46%.

The price cooled slightly this afternoon, after another day with strong volume. We saw some of those big line wipes earlier in the day which I think attest to the number of sharks swimming around looking to take big chunks of this fish at a time.

The days gtrade closed at 29.5c against a VWAP of 29.7c. It always bodes well when the closing price is not getting ahead of the VWAP. This shows strong consolidation and we're not getting to a situation where investors are being left underwater. Share holders with green numbers next to the holdings are happy holders - when those numbers turn deep red some people get very jaded. Happy holders are always better than jaded holders.

The weekly stats look very good. The VWAP is up a very solid 16% with the closing price up 9% against the All ords which was up a paltry 1%.

Enjoy your weekend while that drill keeps turning in Mongolia - we already know from the strat hole there are thick gassy coals bubbling at the surface - but (1) content, (2) permeability and ultimately (3) flow will skyrocket this company - points 1 and 2 have been rock solid in the past and we'll find out about 3 soon enough.

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EXR Price at posting: 29.5¢ Sentiment: Hold Disclosure: Held
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